"Benefits of Inter-Korean Weather and Earthquake Cooperation, Up to 1 Trillion Won"

'Korean Peninsula Climate Crisis Response Inter-Korean Cooperation Workshop' Held

[Asia Economy Reporter Han Jinju] A study has found that cooperation between South Korea and North Korea in the fields of meteorology and seismology could reduce natural disaster damages by up to approximately 1 trillion won.

On the 27th, the Korea Meteorological Administration (KMA) held a South-North cooperation workshop for responding to the climate crisis on the Korean Peninsula at the Federation of Korean Industries building in Yeouido.

This event was organized as part of the research project titled "Socio-economic Benefit Analysis of South-North Cooperation in Meteorology and Seismology," to share research achievements to date and to derive future directions for promoting South-North cooperation.

On the day, presentations were given on topics including ▲ KMA’s directions and tasks for South-North cooperation ▲ Socio-economic benefit analysis of South-North cooperation in meteorology and seismology ▲ South-North cooperation tasks for adapting to the climate crisis on the Korean Peninsula ▲ South-North cooperation measures in the field of forest disasters on the Korean Peninsula.

Lim Sangwook, CEO of Weatherpia, stated, "Through meteorology and seismology cooperation, South Korea could reduce natural disaster damages by about 66 billion won annually, and North Korea by 283.5 billion to 600.7 billion won annually. Additionally, meteorological equipment support and personnel exchanges are expected to generate about 385.2 billion won in effects on the meteorological industry."

A discussion involving experts from the public, private, and academic sectors was held on South-North cooperation measures for responding to the climate crisis on the Korean Peninsula.

During the expert discussion, practical information was shared on actual South-North cooperation cases such as joint research on Baekdusan volcano, as well as in forestry and environmental fields, and international cooperation. They exchanged views on priority tasks for South-North cooperation in meteorology and seismology to strengthen disaster response capabilities in the era of the climate crisis.

Park Kwangseok, Administrator of the Korea Meteorological Administration, said, "South-North cooperation in meteorology and seismology improves weather forecasting capabilities for both South and North Korea and has very significant socio-economic effects such as reducing natural disaster damages. The KMA will cooperate with related ministries to respond to the climate crisis on the Korean Peninsula and will actively prepare for the possibility of future cooperation conditions between the South and North."